Leading cryptocurrency exchange Binance has recorded a substantial increase in user-held XRP balances over a recent one-month period, with holders depositing more than 59 million XRP. This influx propelled Binance’s total XRP reserves above 2.754 billion tokens. The significant accumulation… Read More »Binance Reports Significant Surge in XRP Balances, Adds Over 59 Million Tokens
Binance users significantly increased their Shiba Inu (SHIB) holdings throughout July, accumulating an additional 502.76 billion tokens. By August 1st, user balances on the major cryptocurrency exchange had reached a substantial 55.83 trillion SHIB tokens. This latest acquisition highlights ongoing… Read More »Binance Users Amass Half-Trillion SHIB Tokens Amid July Accumulation Surge
The European Banking Authority (EBA) has imposed strict capital requirements on EU banks holding unbacked cryptocurrencies like Bitcoin and Ether, mandating a 1,250% risk weight on such assets. This dramatically increases the capital reserves banks must hold against crypto exposures,… Read More »EU Banking Regulator Sets Stringent Capital Rules for Banks Holding Crypto Assets
Significant sell-offs by whale wallets have triggered bearish sentiment for XRP, with large holders liquidating approximately $6 billion worth of tokens in recent transactions. This substantial divestment reflects shifting sentiment among major investors and exerts downward pressure on the asset.… Read More »Whale Sell-Offs Drive Bearish Sentiment for XRP Amid $6 Billion Divestment
Chainlink has announced a significant financial strategy shift. The decentralized oracle network will begin directing its accrued revenue towards establishing a dedicated reserve of its native $LINK tokens. The core mechanism involves Chainlink using its revenue streams to actively purchase… Read More »Chainlink to Establish LINK Reserve Fund Through Market Purchases Using Revenue
Parataxis Holdings has announced a merger agreement with special purpose acquisition company SilverBox Corp IV to raise up to $640 million. The transaction will facilitate Parataxis’s public listing on the New York Stock Exchange under the ticker symbol ‘PRTX’. Proceeds… Read More »Parataxis Holdings to Raise $640 Million via SPAC Merger for Bitcoin Expansion and NYSE Listing
President Trump has signed an executive order permitting the inclusion of cryptocurrencies in 401(k) retirement plans. This action significantly expands investment choices for American savers, potentially granting digital assets access to the vast $12.5 trillion U.S. retirement savings market. The… Read More »Trump Executive Order Clears Path for Crypto Inclusion in 401(k) Plans, Targeting $12.5 Trillion Market
XRP has begun to claw back some ground after a recent downturn, currently trading near the psychologically significant $3.00 level. This attempt at recovery follows a drop from a recent local peak of $3.70, indicating ongoing market volatility and hesitation… Read More »XRP Shows Signs of Recovery But Faces Key Technical Hurdles
Ripple has notably paused its long-standing monthly XRP escrow release schedule. This marks the first instance since the program’s inception in January 2018 where the company has not unlocked any XRP from its escrowed holdings within a scheduled month. The… Read More »Ripple Skips Scheduled XRP Escrow Release for First Time Since 2018
Robinhood US has added FLOKI to its roster of supported cryptocurrencies, making the digital asset available for trading on its platform. This announcement marks the latest expansion of Robinhood’s cryptocurrency services available to its user base. The inclusion of FLOKI… Read More »Robinhood US Expands Cryptocurrency Offerings with FLOKI Listing
Cardano (ADA) has registered a notable recovery, climbing over 2% in the past 24 hours following a previous 5.01% decline. This rebound signals potential market resilience despite ongoing challenges in trading activity. The Relative Strength Index (RSI) strengthened from 40… Read More »Cardano (ADA) Shows Recovery Signs with 2% Price Rebound Amid Technical Improvements
Robinhood US has added ONDO cryptocurrency to its platform, enabling users to access and trade the digital asset directly through its services. This listing marks the latest expansion of Robinhood’s cryptocurrency offerings, providing investors with enhanced portfolio diversification opportunities. Clients… Read More »Robinhood US Lists ONDO Cryptocurrency, Expanding Trading Options
A significant technical indicator, known as a ‘golden cross,’ has materialized on Ethereum’s weekly chart. This bullish signal occurs when the 23-week moving average price surpasses the 200-week moving average, hinting at potential upward momentum for the leading smart contract… Read More »Ethereum Triggers Golden Cross as Corporations Amass Billions in Reserves
The popular meme cryptocurrency FLOKI has achieved a significant milestone with its listing on Robinhood’s spot trading platform. This move by Robinhood broadens access to FLOKI for its large user base of retail investors, enabling them to directly trade the… Read More »FLOKI Meme Coin Lands Spot on Robinhood Trading Platform
U.S.-listed Bitcoin spot exchange-traded funds (ETFs) signaled potential market recovery with $91.6 million in net inflows recorded. The inflows coincided with Bitcoin trading around $115,023, reflecting a 6.5% decline from its all-time peak of $123,000. Market analysts have pinpointed the… Read More »Bitcoin ETFs See $91.6 Million Inflows as BTC Tests Resistance Near $115,000
Technical analysis reveals Ethereum (ETH) is forming a bull pennant chart pattern, indicating the potential for a significant upward price breakout targeting the $5,000 mark. This pattern emerged after a substantial price surge propelled ETH from $2,000 to approximately $3,600,… Read More »Ethereum Technical Pattern Signals Potential $5,000 Breakout Fueled by Whale Accumulation
Hyperliquid, a leading decentralized perpetual futures exchange, achieved a record $319 billion in trading volume during July, capturing a dominant 35% share of the decentralized finance (DeFi) perpetuals market. This milestone underscores a significant shift in trader preference from centralized… Read More »Hyperliquid Hits Record $319 Billion Volume Amid DeFi Perps Market Surge
Significant selling activity by major XRP holders, often termed ‘whales,’ has cast a bearish shadow over the cryptocurrency’s immediate price outlook. Analysts warn XRP faces a potential 30% price drop unless specific market conditions improve. In the past month, whale… Read More »Large-Scale XRP Whale Sell-Off Sparks Concerns Over Potential 30% Price Decline
The Australian Securities and Investments Commission (ASIC) has charged four men, including a former barrister, with laundering the proceeds of a significant cryptocurrency investment scam. The charges, filed between January and July 2021, relate to funds obtained through fraudulent investments.… Read More »Former Barrister Among Four Charged in ASIC Crypto Scam Money Laundering Case
The Trump Administration is set to enact a significant policy shift allowing retirement savers access to a broader range of alternative investments. President Donald Trump will sign an executive order granting permission for private equity (PE), real estate, and cryptocurrency… Read More »Trump Administration Moves to Add Crypto, PE, Real Estate to 401(k) Plans